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[parent] [thread] 4 comments
1. zinoda+(OP)[view] [source] 2026-01-30 22:02:27
Permissionless doesn't mean much if it's not anonymous (central authority wants to stop you from doing x; sees you doing x with non-anonymous coin, punishes you).

I understand the appeal of anonymous currencies like Monero (hence why they are banned from exchanges), but beyond that I don't see much use for crypto

replies(1): >>spacem+BN2
2. spacem+BN2[view] [source] 2026-01-31 21:59:41
>>zinoda+(OP)
Literally described the use case - a medium of exchange between agentic entities at massive global scale
replies(1): >>zinoda+vj3
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3. zinoda+vj3[view] [source] [discussion] 2026-02-01 03:15:04
>>spacem+BN2
Yeah, but doing it with non-anonymous crypto just seems worse in every way than doing it with a database?
replies(1): >>spacem+ir3
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4. spacem+ir3[view] [source] [discussion] 2026-02-01 05:07:53
>>zinoda+vj3
Fail to see how you can do it with a database with existing financial rails - the costs are too high
replies(1): >>zinoda+Eu3
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5. zinoda+Eu3[view] [source] [discussion] 2026-02-01 05:56:54
>>spacem+ir3
All the same financial rails apply to crypto - enforcement is just lagging a bit.

E.g., you could do what World of Warcraft does - Gold can be earned/exchanged in game, and can also interact with the real world in nebulous ways. Using the hyper advanced technologies of relational databases and ignoring financial legislation, they have enabled ultra-high-throughput microtransactions, with the added benefit of not spraying the public ledger on to the desk of every law enforcement agency on the planet.

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